AP Business Writer
LONDON (AP) — The European Union says it’s accepting Apple’s pledge to open up its “tap to pay” iPhone payment system to rivals as a way to resolve an antitrust case and head off a potential hefty fine. The European Commission, the EU’s executive arm and top antitrust enforcer, said Thursday that it’s accepting the commitments that Apple offered earlier this year and will make them legally binding. The Commission had accused Apple in 2022 of abusing its dominant position by limiting access to its mobile payment technology. The changes that Apple is making are to remain in force for a decade and apply throughout the bloc’s 27 countries plus Iceland, Norway and Liechtenstein.
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